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Did you know Costco makes most of its money from membership fees? In this video, we dive into the surprising truth about Costco’s business model. You’re likely familiar with Costco's bulk products and deals, but the real story lies in their membership program. We explore how membership fees, representing 65.5% of the company's profits in 2024, are the key driver of Costco’s success.

We break down the impact of these fees, explaining why Costco can offer such competitive pricing on goods while still maintaining high profitability. Understanding this unique strategy sheds light on why Costco consistently outperforms other retailers. Discover how this membership-based approach creates a loyal customer base and generates substantial revenue. Learn about the intricacies of Costco's financial model and why it's so effective.

Watch the full video to learn more about Costco's surprising business strategy and how membership fees are the engine behind their success. Like and subscribe for more insights into business and finance!
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